中国观察 · China Desk
China Desk
The market bridge between China and Brazilian agribusiness: data captured, cross-checked and explained.
Get it on WhatsApp- CNY/BRL
- 0.8370
- 2026-11-11
- USD/CNY
- 6.6703
- 2026-11-10
- Yuan vs dollar (90d)
- +1.18 p.p.
- CNY 8.27% · USD 7.09%
- Brazil share of China soy (vs US)
- 85.6%
- GACC via Reuters (CNN Brasil)
China Demand Monitor · Yuan vs. dollar in reais
Indexed to 100 at the start of the period. When the yuan line sits above the dollar line, yuan revenue from exports to China is worth more in reais.
AwesomeAPI · NeoSeed
China: soybean imports by origin
China: soybean imports from Brazil (YTD) · Sep 30, 2026 · GACC via Reuters (CNN Brasil)
Map of Chinese Capital in Brazil
| Company | Sector | Value (US$ m) | Status | Source |
|---|---|---|---|---|
Envision Group 远景科技集团 Green hydrogen and ammonia and sugarcane-based SAF, in what would be Latin America's first net-zero industrial park (per the Brazilian government). | Energy | 1,000 | Announced | eixos — A aposta chinesa no SAF de cana do Brasil |
| 1 · NeoSeed | 1,000 | |||
Latest from China Desk
·China Desk中文源
China Desk: Brazil's beef quota is gone. Until December, selling to China means a 67% tariff
·China Desk中文源
China Desk: China has imported 93.5m tons of soybeans this year. The story is in October
·China Desk中文源
China Desk: Chinese hog farms are losing money. And that reaches our soybeans
China hit the brakes on soybeans. Brazil still wins the year, but Q4 belongs to the US
China calendar
- GACC, Alfândega 海关总署Monthly
Imports by product and origin (soy, meat, corn, sugar, pulp) and lists of plants cleared to export to China.
CASDE: China's supply and demand estimates for grains and oilseeds, plus weekly hog prices.
- PBoC, Banco do Povo da China 中国人民银行Monthly (20th)
The Loan Prime Rate (LPR), China's benchmark lending rate, and the daily yuan fixing.
- NBS, Estatísticas 国家统计局Monthly
Manufacturing PMI, inflation (CPI and PPI), industrial output and retail sales: the gauge of Chinese demand.
Futures on soybeans, meal, oil and corn (Dalian) and sugar and cotton (Zhengzhou): the price China pays at home.
- MOFCOM / NDRC / NEA 商务部 / 国家发展改革委 / 国家能源局As announced
Tariffs, quotas and trade probes (MOFCOM); energy, biofuel and SAF targets (NDRC and NEA).
Glossary pt ↔ 中文
- CRA (Certificado de Recebíveis do Agronegócio)
- 农业应收凭证
- Agribusiness receivables certificate
- Fiagro
- 农业投资基金
- Agribusiness investment fund
- CPR (Cédula de Produto Rural)
- 农产品票据
- Rural product note
- LCA (Letra de Crédito do Agronegócio)
- 农业信贷票据
- Agribusiness credit note
- Recuperação judicial
- 司法重整
- Judicial reorganization
- Selic
- 巴西基准利率
- Brazil's policy rate
- Safra / Safrinha
- 主季 / 二季作物
- Main crop / second crop
- Esmagamento
- 压榨
- Crushing
- Farelo de soja
- 豆粕
- Soybean meal
- Etanol de milho
- 玉米乙醇
- Corn ethanol
- SAF (combustível sustentável de aviação)
- 可持续航空燃料
- Sustainable aviation fuel
- CBIO (crédito de descarbonização)
- 脱碳信用
- Decarbonization credit
- Habilitação de planta frigorífica
- （海关总署）出口企业注册
- Plant export clearance (GACC)
- Tarifa adicional
- 加征关税
- Additional tariff